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(RBS.L) Royal Bank of Scotland Group (The) PLC Buy/Sell

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Author Cohomas     View Profile | Add to favourites | Ignore
Date posted 2009-11-04 10:00
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Hello

Since RBS isnt going anywhere for now I have some great news for you from Provexis. Thought you might like to take a look. Here is the RNS released yesterday near the trading close:
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RNS Number : 7995B Provexis PLC 03 November 2009

Provexis plc ("Provexis" or the "Company")

Update on European Commission authorisation of health claim wording for Fruitflow®

Provexis, the life-science business that discovers, develops and licenses scientifically-proven functional food, medical food and dietary supplement technologies, is pleased to announce an update on the authorisation process by the European Commission for the use of a health claim for the Company's Fruitflow® anti-thrombotic technology.

The Company announced on 28 May 2009, that Fruitflow® was the first technology to have a health claim approved by the European Food Safety Authority under Article 13(5) of Regulation (EC) No 1924/2006 on nutrition and health claims made on foods. As previously announced, the European Commission has since been in an ongoing period of review, as it considers the health claim wording for Fruitflow® which may be used on end consumer products under the Regulation.

The Company has been in regular contact with the European Commission throughout this period and confirms that it has been informed that the process is now in an advanced stage. An announcement will be made to the market as soon as the conclusion of the process has been notified to the Company.
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This share is about to have a re-rating upwards. Ask price is 8.1p and a price target of 10p

BUY BUY BUY
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